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 Malaysian millennials give up on home ownership

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McDullDull
post Jan 19 2024, 11:04 AM

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How bout Inheritance Tax?
Why aren't we doing that ya?
McDullDull
post Jan 19 2024, 11:45 AM

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QUOTE(M4A1 @ Jan 19 2024, 11:18 AM)
ur hardwork sudah kena INCOME TAX

so ur saving from ur hardwork kena tax lagi?  laugh.gif
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Takpe la... can pay tax means can make living... syukur dah...
Most of the 1st world country also got Inheritance Tax and GST kan.
Yg mampu... buat je lah
McDullDull
post Jan 19 2024, 11:56 AM

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QUOTE(zhou.xingxing @ Jan 19 2024, 11:38 AM)
not so correct calculation in terms of impact....

is u pay tax and pay house for 35 years.. for 1m... after you ko.. the house is worth 2m...

your son, to inherit that house... needs to pay 5% inheritance tax... in cash.... 5% of 2m.. fuh..
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by that time... u dah mampos so cannot feel anything dah...
your kids... gets free money... getting free 2mil or free 1.9mil... still free what... better teach them be thanful and syukur dah la.
McDullDull
post Jan 19 2024, 12:12 PM

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So conclusion is...
Lucky Malaysian millennials yg ada dedikasi... syukur je and thanks boomer daddi.
Poor Malaysian millennials just give up on home ownership la...
dun blame boomer gen for causing property price increase... boomer also just thinking wanna pass to their millenial kids je.

 

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